Turkey has rapidly transformed from a regional tourism hub to a global magnet for foreign property investors. According to TurkStat, foreign nationals purchased more than 48,000 properties in Turkey ...
House prices in have risen sharply since the onset of the pandemic, “breaking into the rarefied three-digit threshold” with nominal growth at 110% in the year to March, the highest of any country, ...
Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q: I’m a resident of Great Britain and I’m looking to buy a second home in Izmir, . What are ...
Overseas buyers snapping up property in Turkey is nothing new—but the volume of purchases by Russians has nearly tripled year-on-year. Usually, buyers from Iran are the biggest cohort, followed ...
Tofas, Fiat’s Turkish affiliate booked fourth quarter net income up 9.6% to TRY131m (US$74.7m; EUR56.5m), ahead of estimates, after gains from a property sale and taxation. The company was expected to ...
Citizens of Iran bought the highest number of properties with 784 and were followed by citizens of Iraq 741 sales and of Russia with 547 sales in the last month, according to TurkStat. Residential ...
New regulation to target some inflated sales prices Sales to foreigners to dip after record in September Thousands got citizenship after at least $250k home buy ISTANBUL, Oct 21 (Reuters) - Record ...
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